Jewish Inheritance or succession law
The Jewish inheritance law is the oldest religious Law in history that governs Jewish daily life. It encompasses moral and spiritual laws and specific narrations that touch on wealth management and estate planning. Jewish consider it essential to write a Halachic Will. Under Jewish inheritance laws:
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When a wife dies, most or all her assets belong to her surviving husband.
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When a male survives by sons and minor daughters, his estate is required to support his daughters with food, clothing, utensils, and shelter until they come of age.
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When a male survives by sons and single daughters, the estate may need to pay dowries to the daughters when they get married.
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When a husband passes away without writing a will according to Jewish Law, although his surviving spouse might have certain rights with regards to being supported (see below), only his sons are heirs (title owners) of the estate’s assets, even if he survives by sons and daughters.
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A firstborn male is entitled to a double portion of the estate.
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If no sons are living, the daughters are exclusive heirs of the estate (and not his surviving spouse and other relatives).
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Torah heirs are given certain rights that, unless waived by the heir, may not be in accordance with one’s secular will.
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When a Jewish senior survives by his spouse, his estate is required to support his spouse with food, clothing, utensils, shelter, and medical needs unless she accepts a lump sum payment of her kesubah (marriage contract) or gets remarried. The amount specified in her kesubah could be more than $50,000.
REFERENCES
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